Chapter 70 Foundation Budget and Net School Spending (NSS)

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The Chapter 70 program is the major program of state aid to public elementary and secondary schools. In addition to providing state aid to support school operations, it also establishes minimum spending requirements for each school district and minimum requirements for each municipality's share of school costs.

Many districts choose to spend more than their required spending level (“actual net school spending”). Some spend less, in which there is a compliance mechanism in place with fiscal penalties if the shortfall is more than 5 percent.